Abstract. This study focused on monitoring the water volume variations of the Doroudzan dam reservoir in Shiraz, Iran, using satellite observations. In particular, Sentinel-3 altimetry mission (SRAL) Level-1B and Level-2 data were employed to calculate water level changes, addressing the limitations in accuracy for inland and shallow waters. Re-tracking of returned waveforms was applied to improve the accuracy of Level-2 altimetry results. Additionally, Sentinel-2 optical images were utilized to monitor the water surface area of the dam reservoir. The results demonstrated that re-tracking the returned waveforms significantly improved the water level observations compared to Level-2 data. The analysis extended to comparing the time series of water surface area estimated from Sentinel-2 images with in-situ data, revealing a high accuracy of 5.39%. Combining optimum water level and surface area data in Heron's equation facilitated the calculation of water volume variations. A remarkable correlation of 95.27% was found when comparing the time series of estimated water volume variations and in-situ data. This study underscores the effectiveness of Copernicus satellites, particularly Sentinel-3 and Sentinel-2 missions, in monitoring inland water bodies and demonstrates the reliability of the techniques employed for tracking dam reservoir volume variations.